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Pending U.S. home sales rose in June for the fifth straight month, another encouraging sign of life for the embattled U.S. housing market, the National Association of Realtors reported Tuesday. For June, the Realtors group said its pending home sales index rose 3.6 percent to 94.6, from an upward...
08/05/2009
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Internal Revenue Code changes have averaged one--per--day over the past eight years ---- with 500 revisions in 2008 alone. Who's counting? Nina Olson, the National Taxpayer Advocate, announced the statistics in her annual report to Congress. An independent organization within the IRS, the Taxpaye...
08/04/2009
It's not a very common question, but one that is being asked more often than not as homeowners navigate their way through today's market. The question is simple: How do you get a lender to speed up the foreclosure process, but the answer is oftentimes hard to put a finger on. But when you think a...
08/03/2009
As unemployment and home foreclosures continue to rise and threaten the economic recovery, the mortgage insurance industry is stepping up its ongoing efforts to keep families in their homes. The industry has been at the forefront in developing systems and procedures to support the U.S. Treasury's...
07/31/2009
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Recent Data released this week....the market is turning.....while we are not out of the woods yet, and we will bump along the bottom for the remainder of 2009, the days of the 'buyer's market' are numbered...... Sales of newly constructed single-family homes rose 11% over last month - CNN Mo...
07/30/2009
Federal Reserve governors unanimously proposed tough new consumer-friendly disclosure rules for mortgages and home equity loans last week, tackling one of the less-appreciated causes of the nation's deep financial crisis. After 18 months of study and consumer testing, the Fed's division of consum...
07/29/2009
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New U.S. home sales rose by the largest amount in more than eight years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades. The Commerce Department said Monday that sales rose 11 percent in June to a seasonally adjusted annual rate of 384,00...
07/28/2009
Tune in live to on Monday, July 27th at 4:40pm for the Wall Street Shuffle. You can listen on the internet or tune into 1190am Dallas local channel. Click on the link below. The Harrison Group has launched a new division, the DFW Foreclosure Group, designed to help homeowners facing foreclosure h...
07/27/2009
Lenders have helped an increasing number of mortgage borrowers to get current on payments and stay in their homes, but the tide of foreclosures is still rising. In February, nearly 250,000 homeowners received either mortgage modifications or repayment plans from their lenders, according to Hope N...
07/24/2009
The federal tax credit for first-time home buyers is now half way to its Dec. 1, 2009, expiration date, and it seems fair to ask just how much it is helping real estate markets. The RE/MAX network in northern Illinois did just that, interviewing 40 RE/MAX agents from across the region about how t...
07/22/2009